October 13, 2017 | Written by: Sanjay Rishi
Categorized: C-Suite | Cloud | Digital Transformation
Share this post:
As a CIO, you want your organization’s data to provide meaningful insights and predictive business models. You want it to be presented in a way that provides choice and control, knowledge, and sovereignty. And you want it to be stored with enterprise grade flexibility, scalability and security. How can you achieve these goals? With new cloud technology. In this blog, we will share why organizations need to re-examine their cloud strategy to ensure it delivers higher value business applications and industry functions that they probably hadn’t envisioned when they began their cloud initiatives.
You embarked on a journey
If you’re like most forward-thinking CIOs, you blazed the trail for early cloud adoption so your organization could take advantage of its immense scalability and infinite adaptability. In doing so, you acquired the speed and flexibility you needed to remain competitive in a digitally disruptive environment.
But what about the future? Did your implementation take into account the tools for game-changing business models, processes and customer experiences that you’ll need in the years to come? Unless you had a prophetic view of whatever lies ahead, and built your environment based on that vision, you’ll want to reassess your current capabilities and make adjustments now — before you’re required to do so under critically urgent conditions.
Initially, organizations adopted the cloud to help save money and enable access to users regardless of location and time. Today, 78 percent of research respondents report that their cloud initiatives are either coordinated or fully integrated.1 And this is just the beginning. IDC predicts that by 2019, worldwide spending on digital transformation initiatives will reach USD 2.2 trillion (yes, that’s trillion with a tr). That’s 60 percent more than it was last year.2
This strategic change is occurring because the cloud offers so many economic and operational advantages. After they’ve made the move, organizations like yours are discovering even greater potential than initially anticipated. For example, with the addition of new cognitive computing capabilities, the cloud becomes a powerful analytics tool that provides strategic advantages that were never before possible. Armed with new insights, a shrewd marketing professional might identify a previously hidden opportunity to enhance customer engagement. Then, a nimble IT department might develop a brilliant mobile app and launch it on cloud at breakneck speed — before their competition has even thought of it.
Other technological improvements are expanding the range of cloud capabilities, as well. Security, long assumed to be a challenge, has evolved significantly, to the point where cloud is often more, not less, reliable than traditional storage methods.
These innovations — and those on the horizon — encourage you to redirect your cloud adoption strategy from one of task completion to a transformational continuum of change.
You aren’t finished
Enhancements to the cloud that we’re witnessing today are just the start of what will undoubtedly be a future of continuous innovation. To stay ahead, you need to consider its evolving capabilities in light of your current goals. To many CIOs, these would be to acquire:
- Meaningful insights and predictive business models
- Choice and control of data, knowledge and sovereignty
- Enterprise grade flexibility, scalability and security
Today, each of these objectives can be achieved with the assistance of cloud-based services and applications. So your carefully planned transition of data storage that made economic sense in 2016 has evolved to become a critical strategic asset that may require an overhaul in 2018.
It’s considerations like this that force IT executives to take a second look at their cloud configuration, and to reach out to knowledgeable partners who can help them remain in the vanguard during transitional times.
Learn from the leaders
IT executives and their teams need to think of cloud as a journey, not a destination. It isn’t simply a matter of getting there; it’s actually functioning there that enables you to realize the broad range of benefits the cloud has to offer — actively participating and continuously adapting, rather than merely adopting.
IBM has helped thousands of organizations get onto — and remain on — the right cloud. With years of global expertise in virtually every industry, we’ve gained invaluable experience that benefits each of our partners. The legendary IBM Watson® combines with the IBM Cloud to create a powerhouse of analytical capabilities that delivers operational and strategic advantages. Our processes for transition are among the best in the industry. Our consulting expertise is unparalleled. And our cloud adoption roadmap approach is supported by Cloud Innovate, the IBM end-to-end migration methodology that supports our clients’ cloud transformations.
If you’re giving second thought to your current cloud configuration — and you should — you’ll want to read my next blog. In it, I’ll continue to present my view of the future, and how the cloud is rapidly transitioning from an innovative approach to storage to an essential corporate differentiator.
For more on client transformations using Cloud Innovate:
To speak with someone on my team:
1 IBM Institute for Business Value, “Tailoring hybrid cloud: Designing the right mix for innovation, efficiency and growth.” August, 2016. https://www.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=GBE03766USEN&
2 Gil Press, “Top 10 Tech Predictions For 2017 From IDC.” Forbes Magazine. November 1, 2016. https://www.forbes.com/sites/gilpress/2016/11/01/top-10-tech-predictions-for-2017-from-idc/#20439cd64aad